Understanding Turbo (TURBO) Today
The current price of Turbo (TURBO) is $0.0033910. Over the past 24 hours, the token has seen a modest increase of +0.47%. With a circulating supply of 69,000,000,000 TURBO and a maximum supply capped at the same amount, the fully diluted market capitalization stands at approximately $233.22 million. Turbo currently holds the 98th position in overall market capitalization rankings. The Turbo/USD price is updated in real-time to provide the most accurate information.
Key Market Metrics
- Circulating Supply: 69,000,000,000 TURBO
- Max Supply: 69,000,000,000 TURBO
- Fully Diluted Market Cap: $233.22M
- Market Rank: #98
- All-Time High: $0.014477 (down -76.58% from its peak)
- All-Time Low: $0.000064990 (up an impressive +5,117.72%)
These metrics are crucial for assessing the token's liquidity, scarcity, and overall market position.
Recent Price Performance
Turbo has demonstrated significant growth over a longer period. Over the past three months, the price has surged by +94.21%, gaining approximately $0.0016450. This performance highlights its potential volatility and the importance of monitoring real-time charts for timely insights. For the most current data and trading opportunities, you can explore real-time market tools.
The Story Behind Turbo Token
Turbo emerged as a bold experiment in the world of cryptocurrency creation. Its origin story is unique: the project's founder directly challenged OpenAI's GPT-4 to create the next revolutionary meme coin, starting with a meager budget of just $69. This innovative approach, leveraging the potential of artificial intelligence, captured the imagination of the crypto community and set the stage for its development.
Inspired by this AI-driven concept, Turbo represents a fascinating intersection of decentralized finance and modern technology. It operates on a public blockchain, a digital ledger that records all transactions transparently and securely.
Analyzing Social Sentiment and Market Feeds
Social media sentiment can often provide valuable, real-time insights into the momentum behind a cryptocurrency. The community's feeling towards Turbo's price direction can be a useful gauge. By sharing whether you are bullish (thumb up) or cautious (thumb down), you contribute to a broader sentiment analysis that can be tracked alongside historical chart data for a more comprehensive view.
Recent social feeds have consistently placed Turbo among the top movers in the AI meme coin category by market capitalization, often cited alongside other tokens like $fartcoin and $ai16z. This indicates a sustained interest and trading activity within its niche.
The AI Meme Coin Niche
Turbo exists within a specific and growing segment of the crypto market known as AI meme coins. These tokens often combine internet culture with themes of artificial intelligence. Their market performance can be highly community-driven, making sentiment and social visibility key factors in their price action.
How to Stay Informed on Turbo's Price
Staying updated requires access to reliable, real-time data. Here’s how you can effectively track Turbo:
- Real-Time Charts: Utilize platforms that offer live price charts with various time frames (e.g., 24 hours, 7 days, 3 months) to identify trends.
- Market Cap and Supply Data: Regularly check the circulating supply and market capitalization to understand the token's economic model.
- Community Channels: Follow official and community-driven social channels for announcements and discussions, but always verify information from multiple sources.
👉 Access advanced charting tools and data to perform your own technical analysis and make informed decisions.
Frequently Asked Questions
What is the value of 1 Turbo today?
As of the latest update, 1 Turbo (TURBO) is valued at $0.0033910. The price of cryptocurrencies is dynamic and can change rapidly based on market supply and demand. It's essential to check real-time charts on a reliable exchange platform for the most current valuation before making any trading decisions.
How do cryptocurrencies like Turbo work?
Cryptocurrencies are digital assets that operate on decentralized public ledgers called blockchains. Each transaction is verified and recorded across a network of computers, making it secure and transparent. Turbo, like many other tokens, can be traded on various exchanges, and its price is determined by market activity.
When were cryptocurrencies invented?
The concept was pioneered with the creation of Bitcoin in 2009, following the 2008 financial crisis. It offered a novel solution as a secure digital asset on a decentralized network. Since then, thousands of other tokens, including innovative projects like Turbo, have been created, each with unique attributes and purposes.
Can I predict if Turbo's price will rise today?
It is impossible to predict short-term price movements with certainty. The cryptocurrency market is highly volatile and influenced by a wide range of factors, including overall market sentiment, news, regulatory developments, and technological advancements. Always conduct thorough research and consider your financial situation before trading.
What is the difference between a coin and a token?
A coin, like Bitcoin, typically operates on its own native blockchain. A token, like Turbo, is often built on top of an existing blockchain (such as Ethereum) and can represent a specific asset or utility within a project's ecosystem.
Where can I safely trade Turbo?
It is crucial to use reputable and secure trading platforms that offer robust security measures, transparent fees, and real-time market data. Always ensure the platform complies with relevant regulations in your jurisdiction.